We examine the effect of short-term Treasury yields on these closed-end funds' discounts.
What Bill's Gross' departure means for CEFs.
The sudden departure of PIMCO founder and CIO Bill Gross on Friday, Sept. 26, rocked the investment world. As pundits mulled over who might be crowned the next "Bond King," closed-end fund investors had concerns of their own.
Investors should assess why they own high-yield bonds and what their expectations are going forward
Returned if Capital in closed-end funds is a hot-button issue for investors. On One side of this often-polarizing argument are investors who believe all return capital is bad and who avoid any fund that has ever distributed return of capital.
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